$895,000
Est. $4,615/mo7005 Johnson Road Ne, Federal Way, WA 98003
• Listed 2026-08-04•4 days on market
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Development opportunity on 6.84 acres (297,950± sq. ft.) in a prime location with convenient access to I-5, SR-18, Federal Way, and Milton. Zoned RS35.0 with the possibility of a 5–6 lot short plat (buyer to verify all development potential with the appropriate agencies), this is a rare acreage offering for builders and investors. The site features gently sloping, buildable topography, a mix of open ground and perimeter trees, and public sewer available at the property corner—a strong foundation for future development. Existing improvements, including a 1920 home (approx. 1,050 sq. ft., currently on septic) and an 820 sq. ft. garage/shop/barn with office or potential living area above, may be retained on a lot or removed to maximize the plat. Beyond single-family residential, the zoning may accommodate a range of permitted or conditional uses, including daycare and senior care facilities (buyer to verify). Properties of this size, location, and potential are increasingly hard to find—an excellent opportunity for builders, developers, and long-term investors.
Listed by Jesse Paulson • RE/MAX Northwest
Listing updated: August 5, 2026 at 01:29pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2564939
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7005 Johnson Road Ne, Federal Way, WA 98003
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Federal Way is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 11 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Aug 2026
Federal Way School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
